I originally used liquidity from a refi, HELOC, and a personal LOC to make the purchase and then refi'd that money out after closing.

B2B Bank had just introduced liquidity requirements which seemed to indicate they really did not want to be providing that service.TD was the last of the Big Five to offer the ability to write and hold arm's length mortgages.  

.), index funds are likely to provide an equal or better return with a MUCH lower hassle factor and more liquidity.

I have no desire to be part of any lawsuit or liquidation event.

Brandon,Check out Indiana & Ohio for states that you can buy 2-3 for that amount of liquid reserves. 

Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase. 

He has 80% liquidity to move into investment real estate and not 50-60%.

The only caveat I will throw into this is liquidity.

Another angle to consider is liquidity and flexibility.

The plan includes high-yield activities such as property flips and strategic acquisitions to provide liquidity and generate returns.